Walmart reports high online sales
(CNN)– Walmart’s online business is booming.
The retailer reported quarterly earnings Thurs, May 21, 2026, saying e-commerce sales rose 26% in the quarter that ended May 1.
Net revenue online and in store were up over 7% to nearly $178-billion.
Net income grew nearly 19%.
Walmart attributes the online jump to an uptick in advertising and third-party sales on its website.
The retailer has also seen gains in its grocery business as well as clothing and home goods.